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All Forum Posts by: Louis Wilson

Louis Wilson has started 1 posts and replied 4 times.

Not explicitly about real estate, but The Ascent of Money (Niall Ferguson) is a great one

Post: Stats on cash offers in Austin?

Louis WilsonPosted
  • Austin, TX
  • Posts 5
  • Votes 1

@David Ivy. Thanks for info. Definitely helpful to know it's more complicated than just "cash is king."

@Aaron Gordy. I don't think I have access to MLS (but maybe I am wrong about that? I am a licensed mortgage broker, not a real estate agent). If you provide the data, I'll provide the analysis haha

If you don't mind me asking, were you involved in any multi-offers last year? Trying to get a sense of whether the cash offers beat out the financed offers (but as David said, there is more than one variable at play). Want to get an idea of the stats for some of my marketing material. I know you didn't do all 34,435 deals last year but I'm sure you have a decent sample size ;-)

What are people's thoughts on this model vs a model like WanderJaunt? (launched in Austin in Dec 2018)

Post: Stats on cash offers in Austin?

Louis WilsonPosted
  • Austin, TX
  • Posts 5
  • Votes 1

I was wondering if anyone had any stats or data on cash offers in the Austin area? My gut feeling is that cash offers would win in multi-offer situations at a much higher rate and could sometimes command a discount to traditional financed offers.

Has anyone looked into this? Or has experience in multi-offer situations in Austin? Would prefer some hard data but also welcome to some anecdotal evidence (n=1) haha